$2B Acquisition of Kissner Group Closes

Holding company Stone Canyon Industries Holdings (SCIH), based in Los Angeles, has closed on the the $2 billion acquisition of Overland Park-based Kissner Group Holdings, a commercial evaporated-salt producer.

“We look forward to applying our long-term growth-oriented business model to the success created by the Kissner team,” said James Fordyce, Co-CEO of SCIH, in a press release “This acquisition represents another important step in our plan to build a diversified industrial conglomerate. We look forward to continuing to improve Kissner’s capabilities to deliver high quality products and service to our customers.”

Kissner does business throughout North America and has salt mines in both Lyons, Kan., and Detroit, as well as a salt refinery  in Watkins Glen, N.Y. Its products include ice melt, pool salt and water-softener salt.